Question
A certain sum of money amounts to Rs. 62,000 in two years and Rs. 76,200 in 4 years. Find the sum invested initially.
More Simple and compound interest Questions
- If the difference in interest between two banks on Rs 500 for 2 years is 12.50 then what will be the difference in their rates?
- A sum of 74000 is divided into two parts such that the simple interest on the first part for 3 years at 15% per annum is equal to the simple interest on th...
- The simple interest accrued in five years on a principal of Rs. 50,000 is one – tenth of the principal. What is the rate of simple interest p.a.?
- A man invests a total of ₹50,000 in two schemes A and B. Scheme A offers simple interest at 12% p.a. for 3 years. Scheme B offers compound interest at 10% ...
- A certain sum on compound interest becomes 56,180 when compounded annually after 2 years and 59,550.80 after 3 years Find the sum.
- Question 6
- Anuj invested Rs. ‘x’ at simple interest of 15% p.a. and Anil invested Rs. (x + 500) at simple interest of 10% p.a. If at the end of 2 nd year, sum of int...
- Rajat invested Rs. (P-100) on compound interest at the rate of ‘R’ % per annum compounded annually. Ravi invested Rs. (P+300) on simple interest at the rat...
- Sohan borrowed Rs. 4200 at R% S.I. and Rs. 3800 at (R + 6)% S.I. for 5 years. The total simple interest paid was Rs. 4340. Find the rate charged on Rs. 380...
- A sum was put at simple interest at a certain rate for 7 years. Had it been put at 6 % higher rate, it would have fetched Rs. 1260 more. Find the sum?
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)